Trump’s 2024 Victory Could Skyrocket Bitcoin to $125K—Here’s How You Can Profit Big! 🚨🚨
According to Standard Chartered Bank analyst Geoff Kendrick, Bitcoin (BTC) could skyrocket to $125,000 by the end of the year if Republicans, led by Donald Trump, win the upcoming U.S. elections. Kendrick’s bullish outlook suggests that political outcomes could heavily influence the cryptocurrency’s price.
⚡️Trump Win Could Propel Bitcoin to $125K
Kendrick predicts that BTC could hit $73,000 by November 5, the day of the elections. If Donald Trump secures a second term, he expects Bitcoin to rise 4% immediately and surge another 10% shortly after, pushing it to new heights by year’s end. The “Trump bump” is expected to fuel Bitcoin’s momentum toward the $125,000 mark.
⚡️Harris Presidency Less Bullish for Bitcoin
On the flip side, Kendrick foresees a more moderate Bitcoin rise if Kamala Harris wins. He estimates that BTC could dip slightly but would still end the year around $75,000. Despite a Harris victory being seen as less favorable, Kendrick’s analysis suggests that Bitcoin would still find solid footing in a different political landscape.
⚡️Betting Markets Favor Trump
Kendrick points to betting markets, with RealClearPolitics giving Trump a 59% chance of winning, while Polymarket places the odds at 75%. This political speculation could significantly impact Bitcoin’s price trajectory in the coming months.
